"Facebook is one of the pioneers in virtual reality, which, when it gets going, will take a huge amount of compute and network bandwidth to bring to life," Olds said. "The more bandwidth customers have at their disposal, the better their virtual reality experience will be. If Facebook can become the first provider to give customers an ultra realistic virtual reality immersion, then the world will beat a path to their door."
Speaking Sunday at a Samsung event in Barcelona before the start of Mobile World Congress, Facebook co-founder and CEO Mark Zuckerberg called virtual reality "the next platform."
Zuckerberg said virtual reality is moving beyond gaming and into areas where friends can gather, where a child's first steps might be recorded in 360-degree VR, and eventually, to meetings in the enterprise.
Olds said it's hard to find a downside for Facebook to take on wireless service when it could help the company gain a larger user base and propel virtual reality.
"It's hard to see how it could hurt them, other than losing some money if it goes south," he added.
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